50 Fremont Center

Salesforce West
Taken from Main and Howard.
Location within San Francisco
50 Fremont Center (California)
50 Fremont Center (the US)
General information
Type Commercial offices
Location 50 Fremont Street
San Francisco, California
Coordinates 37°47′26″N 122°23′50″W / 37.790472°N 122.39725°W / 37.790472; -122.39725Coordinates: 37°47′26″N 122°23′50″W / 37.790472°N 122.39725°W / 37.790472; -122.39725
Construction started 1983
Completed 1985
Owner Salesforce.com
Management Cushman & Wakefield
Height
Roof 183 m (600 ft)
Technical details
Floor count 43
Floor area 817,412 sq ft (75,940.1 m2)
Lifts/elevators 21
Design and construction
Architect Skidmore, Owings & Merrill
Structural engineer Skidmore, Owings & Merrill
Other information
Parking 220
References
[1][2][3][4]

50 Fremont Center (also known as Salesforce West) is a 43-story, 183 m (600 ft) high-rise office building completed in 1985 at Fremont and Mission Streets on the boundary of the financial district and South of Market Area (SOMA) of San Francisco, California.

History

50 Fremont Street was developed and owned by Fremont Properties who sold the building in 2000, which was later purchased by Hines, who in turn sold the property to TIAA-CREF in late 2004.[5] Hines Interests Limited Partnership provides property management for this building. The building's design, by Skidmore, Owings & Merrill, includes stepped-back vertical bays at each corner, rising to a building crown that evokes the design of historic Art Deco skyscrapers.

In January 2012, Salesforce.com announced that it signed an 18-year lease to occupy 400,000 square feet (37,000 m2) for US$339 million.[6] In November 2014, Salesforce agreed to purchase the tower from TIAA-CREF.[7][8]

On February 12, 2015, Salesforce purchased the 50 Fremont office building for $637,800,000 from TIAA-CREF, according to public records. Salesforce rebranded the property as Salesforce West at 50 Fremont Street, part of their urban campus plan that includes Salesforce East at 350 Mission Street and Salesforce Tower.

Tenants

See also

References

  1. ↑ "50 Fremont Center". CTBUH Skyscraper Database.
  2. ↑ 50 Fremont Center at Emporis
  3. ↑ "50 Fremont Center". SkyscraperPage.
  4. ↑ 50 Fremont Center at Structurae
  5. ↑ "National Office Partners Limited Partnership Sells 12 Assets" (Press release). Hines. February 2, 2005. Retrieved November 13, 2014.
  6. ↑ Hoge, Patrick (January 6, 2012). "Salesforce signs huge downtown San Francisco lease". San Francisco Business Times. Retrieved November 13, 2014.
  7. ↑ "Form 8-K". Securities and Exchange Commission. November 10, 2014. Retrieved November 13, 2014.
  8. ↑ Weinberg, Cory (November 12, 2014). "Salesforce pays $640 million for 50 Fremont tower in San Francisco". San Francisco Business Times. Retrieved November 13, 2014.
  9. ↑ Patrick Hoge (May 7, 2012). "Salesforce takes 80,000 square feet more". San Francisco Business Times. Retrieved 4 May 2013.
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